The EOS model is different though: instead of “renting” computing power, EOS coin holders have ownership of the network . For example, if you owned a 1% stake in EOS coins, you would essentially own 1% of the network, meaning you would own 1% of the required computing power to process the transaction.18 Kas 2021
Read moreWhat is EOS and how does it work?
EOS works on an ownership model whereby users own and are entitled to use resources proportional to their stake, rather than having to pay for every transaction . So, in essence, if you hold N tokens of EOS then you are entitled to N*k transactions. This, in essence, eliminates transaction fees.
Read more